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City of <br /> Elk �-- Request for Action <br /> River <br /> To Item Number <br /> Housing and Redevelopment Authority 7.4 <br /> Agenda Section Meeting Date Prepared by <br /> General Business January 3, 2022 Brent O'Neil, Economic Development Director <br /> Item Description Reviewed by <br /> Main and Gates Update Cal Portner, City Administrator <br /> Reviewed by <br /> Action Requested <br /> Item presented for information and discussion purposes. <br /> Background/Discussion <br /> Following the initial presentation of the development concept for Main and Gates at the December 6 HRA <br /> meeting, staff has met with the development team on zoning,land acquisition, and potential city incentives. <br /> The team has also made updates to its concept. <br /> The team will be present to share those updates, solicit additional feedback, and coordinate next steps. It is <br /> anticipated that there will be action items presented for HRA consideration in February which may include a <br /> preliminary development agreement. <br /> Financial Impact <br /> N/A <br /> Mission/Policy/Goal <br /> The goal of the HRA is to promote certain housing and redevelopment projects. <br /> Attachments <br /> ■ Developer's Presentation <br /> The Elk River Vision <br /> A Y�elcoming community nvith revolutionary and spirited resourcefulness, exceptional P U W E H E o s r <br /> service, and community engagement that encourages and inspires prosperity ,g /` UR <br />